India, Sept. 18 -- The Mumbai crime branch's property cell on Wednesday arrested Rajendra Narpatmal Lodha and several others after a case was registered against them by Lodha Developers Limited for cheating the company while Rajendra was on its board of directors. The accused was produced in court and sent to police custody till September 23.

In the FIR registered on Tuesday at N M Joshi Marg police station, it was alleged that Rajendra sold several Lodha properties at cheap rates, causing a loss of Rs.85 crore to the company. "We have registered a case against him, his son Sahil, Bharat Narsana, Nitin Wador, Ritesh Narsana, Nisha Menon, Neha Desai, Amit Kamble, Sujit Kumar Singh and Vinod Patil," said a police officer. "Some of them are...